OneDigital Investment Advisors LLC Sells 3,224 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

OneDigital Investment Advisors LLC cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 9.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,540 shares of the scientific and technical instruments company’s stock after selling 3,224 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Keysight Technologies were worth $5,013,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Swedbank AB lifted its position in Keysight Technologies by 3.8% in the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after buying an additional 151,446 shares during the last quarter. Capital International Sarl bought a new stake in shares of Keysight Technologies during the first quarter worth $2,434,000. Teachers Retirement System of The State of Kentucky lifted its position in shares of Keysight Technologies by 172.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock worth $6,565,000 after purchasing an additional 26,577 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Finally, Speece Thorson Capital Group Inc. lifted its position in shares of Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after purchasing an additional 17,962 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

KEYS opened at $149.37 on Friday. The business’s 50-day moving average is $155.17 and its two-hundred day moving average is $145.92. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $166.28. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm has a market capitalization of $25.92 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 4.65 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm earned $2.04 earnings per share. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. Research analysts anticipate that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday. Vertical Research started coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. Robert W. Baird cut their price target on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Finally, Barclays upgraded Keysight Technologies from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $158.00 to $180.00 in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $170.89.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. This trade represents a 3.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.